Examples of Note Interest Period in a sentence
Each successive Note Interest Period will commence on (and include) the next (or first) Note Payment Date and end on (but exclude) the following Note Payment Date (each, a Note Interest Period).
The Reference Agent will be entitled to recalculate any Note Interest Payment (on the basis of the foregoing provisions) without notice in the event of an extension or shortening of the relevant Note Interest Period.
The Management Company will, at least one Note Business Day prior to each Note Payment Date in relation to each Note Interest Period, notify to the relevant Noteholders in accordance with paragraph 11 (Notices to Noteholders) below the Interest Amount payable in respect of the Notes for such Note Interest Period.
Each Note shall bear interest in respect of each Note Interest Period on its outstanding principal amount in an amount equal to its pro rata portion of the related Note Interest Amount.
Each successive Note Interest Period will commence on (and include) the next (or first) Note Payment Date and end on (but exclude) the following Note Payment Date (each, a "Note Interest Period").